Home Prices Soared in Past Year;
Coming Gains May Outrun Inflation

Homeowners in the nation's 10 biggest cities have seen their real estate surge in value over the past year. Now most can look forward to even bigger gains in the coming 12 months.

That's the conclusion of the latest installment of the Home Price Forecast, which is prepared quarterly for The Wall Street Journal by Case Shiller Weiss, an economic-research firm in Cambridge, Mass. Indeed, this is the first time since the forecast began,...